Topic Risk Managers
Dozens more die of COVID in Canada; Greyhound to shut down all service
May 7, 2020 by Colin Perkel - THE CANADIAN PRESSTORONTO – Dozens more people in Canada have succumbed to COVID-19, authorities reported on Thursday, as one of the country’s major inter-city bus carriers announced it would be shutting down completely due to a precipitous drop in passengers forced by…
This is not a drill
May 1, 2020 by Canadian Underwriter Staff: Jason Contant, Greg Meckbach, Adam Malik and David GambrillSince mid-March, Canada’s P&C industry has been working from home and social distancing to slow the spread of the novel coronavirus. What have we learned so far that will help us prepare for the next pandemic?
At-home workers need to prevent these people from using their computers
April 29, 2020 by Greg MeckbachBrokerages looking to manage their own cyber risk and advise commercial clients about their cyber risks should look to one major golden rule when employees work from home during the COVID-19 pandemic. “Your family members should not be using your…
Under-used buildings increase this risk during pandemic
April 29, 2020 by Greg MeckbachBrokers and their commercial business clients returning to the office after a long shutdown may want to think twice before drinking the tap water. Business shutdowns affecting commercial property as a result of the coronavirus mean less water is running…
Quebec to reopen retail, construction and manufacturing businesses
April 28, 2020 by THE CANADIAN PRESSMONTREAL – Premier Francois Legault says most Quebec stores as well as companies operating in construction and manufacturing will gradually be allowed to reopen in the coming weeks. Under the plan, stores outside Montreal can reopen next Monday while those…
How to manage the immediate COVID-19 fallout while preparing for a post-pandemic future
April 22, 2020 by Jason ContantIndustry leaders should begin preparing right now for the post-pandemic business environment, while still managing the immediate fallout of COVID-19, two partners of a strategy consulting firm said recently. This includes spending time envisioning the future, developing a strategy to…
Regional approach to COVID-19 beginning as feds roll out new measures
April 17, 2020 by Michelle McQuigge - THE CANADIAN PRESSFederal officials long focused on nationwide efforts to address the COVID-19 pandemic began to adopt more regional approaches on Friday, acknowledging not all parts of the country are experiencing the outbreak with equal force. Prime Minister Justin Trudeau announced economic…
Life and death decisions during a pandemic: Healthcare risk managers in the front lines
April 16, 2020 by Jason ContantCrisis standards of care (CSC) plans should be developed before a disaster such as COVID-19 strikes, but they can be fine-tuned even in the midst of the crisis, a senior risk management consultant said recently. CSC is when healthcare systems,…
Why COVID-19 is hitting your supply chain clients particularly hard
April 15, 2020 by Jason ContantBy clustering suppliers in a region, a single event like COVID-19 can have an even broader impact than typically expected, a Zurich Canada executive said recently. “One of the things that businesses can do is look at where they have…
Economic downturn from COVID-19 will be sharpest on record, Bank of Canada warns
April 15, 2020 by The Canadian PressOTTAWA – The Bank of Canada is warning that the downturn tied to COVID-19 will be the worst on record and that the economic recovery will depend on the effectiveness of current measures to bring the pandemic under control. The…
Coronavirus triage protocols: Hard choices over ventilator shortages shouldn’t put doctors at legal risk
April 14, 2020 by Jocelyn Downie, James Palmer Chair in Public Policy and Law, University Research Professor, Dalhousie University - THE CANADIAN PRESSThis article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Author: Jocelyn Downie, James Palmer Chair in Public Policy and Law,…
Be Bold
April 10, 2020 by Adam Malik, Managing EditorIt’s time for risk managers to take some risks when it comes to their own careers. Laura Langone, Risk and Insurance Management Society (RIMS) president, explains why – As told to Adam Malik Risk managers are generally risk-averse when it…